What does the balance of social security pension personal account mean?

The amount of pension accounts in the social security system.

Cailadder.com believes that the balance of individual social security pension accounts refers to the balance of pension insurance accounts in the social security system. Endowment insurance, like other social security insurance, is also paid by enterprises and units. The balance of personal account is the sum of the employee's monthly personal salary and the payment ratio, and there is also a certain interest in the account, which is related to the amount of endowment insurance that employees can receive every month after retirement.